Federal Reserve unveils details of $2.3 trillion in programs to help support the economy

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The response to unemployment claims.

“The Federal Reserve on Thursday released long-awaited details regarding its Main Street business lending program and several other initiatives it is undertaking to backstop the reeling U.S. economy.

Under provisions outlined for the first time, the loans would be geared toward businesses with up to 10,000 employees and $2.5 billion in revenues for 2019.”

Fed unveils details of its much-anticipated Main Street lending program from CNBC.com